Key Quantitative Figures

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹783.95 lakh (vs ₹854.38 lakh in Q2 FY26) - decline of 8.2%
  • Total revenue: ₹830.56 lakh (vs ₹907.92 lakh in Q2 FY26)
  • Profit before tax: ₹915.73 lakh (vs ₹739.09 lakh in Q2 FY26) - increase of 23.9%
  • Net profit: ₹654.21 lakh (vs ₹546.43 lakh in Q2 FY26) - increase of 19.7%
  • Basic EPS: ₹0.42 (vs ₹0.35 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹1,450.33 lakh (vs ₹1,573.10 lakh in H1 FY26) - decline of 7.8%
  • Total revenue: ₹1,565.66 lakh (vs ₹1,662.25 lakh in H1 FY26)
  • Profit before tax: ₹1,546.76 lakh (vs ₹1,346.73 lakh in H1 FY26) - increase of 14.9%
  • Net profit: ₹1,156.07 lakh (vs ₹996.09 lakh in H1 FY26) - increase of 16.1%
  • Basic EPS: ₹0.75 (vs ₹0.64 in H1 FY26)

Balance Sheet Position (as of September 30, 2026)

  • Total assets: ₹17,199.13 lakh (vs ₹16,689.59 lakh as of March 31, 2026)
  • Equity share capital: ₹309.44 lakh (unchanged)
  • Reserves & surplus: ₹11,921.14 lakh (vs ₹10,721.07 lakh as of March 31, 2026)
  • Investments: ₹2,809.37 lakh (vs ₹1,197.50 lakh as of March 31, 2026) - increase of 134.5%
  • Trade receivables: ₹11,525.99 lakh (vs ₹11,994.14 lakh as of March 31, 2026)
  • Cash and cash equivalents: ₹906.29 lakh (vs ₹379.10 lakh as of March 31, 2026) - increase of 139.1%

Cash Flow Statement (H1 FY27)

  • Cash generated from operations: ₹2,439.83 lakh
  • Net cash from operating activities: ₹2,050.54 lakh
  • Net cash used in investing activities: ₹1,522.22 lakh (primarily purchase of investments ₹1,569.22 lakh)
  • Net cash used in financing activities: ₹1.13 lakh (interest paid)
  • Net increase in cash: ₹527.19 lakh

Dates of Action

  • Board meeting date: November 6, 2026 (commenced at 3:15 PM, concluded at 4:00 PM)
  • Financial period: Quarter and half-year ended September 30, 2026
  • Filing date: November 6, 2026

Parties Involved

  • Stock exchange: BSE Limited (Scrip Code: 531067)
  • Auditor: M/s P. Indrajit & Associates, Chartered Accountants (FRN: 117488W)
  • Signatories: Priya Manoharbhai Agrawal (Company Secretary) and K.H. Contractor (Managing Director, DIN: 00300342)

Auditor's Conclusion

The independent auditors' limited review report states that nothing has come to their attention that causes them to believe that the interim financial results contain any material misstatement. The review was conducted in accordance with SRE 2410 issued by the ICAI.

Business Context

The company is mainly engaged in the business of Merchant Export Trading. The financial results are unaudited but have been reviewed by the audit committee and taken on record by the Board of Directors.